Rhumbline Advisers Takes $81,000 Position in VirTra, Inc. (NASDAQ:VTSI)

Rhumbline Advisers purchased a new stake in VirTra, Inc. (NASDAQ:VTSI) in the 2nd quarter, HoldingsChannel reports. The firm purchased 10,534 shares of the company’s stock, valued at approximately $81,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in shares of VirTra by 10.4% during the first quarter. Vanguard Group Inc. now owns 476,706 shares of the company’s stock worth $4,901,000 after purchasing an additional 44,906 shares in the last quarter. Russell Investments Group Ltd. acquired a new position in VirTra in the first quarter valued at about $1,782,000. Quadrature Capital Ltd lifted its stake in VirTra by 49.1% during the fourth quarter. Quadrature Capital Ltd now owns 62,157 shares of the company’s stock worth $589,000 after purchasing an additional 20,464 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its position in shares of VirTra by 100.2% during the first quarter. O Shaughnessy Asset Management LLC now owns 41,060 shares of the company’s stock worth $422,000 after purchasing an additional 20,554 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in VirTra in the second quarter valued at $199,000. Institutional investors and hedge funds own 14.69% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Lake Street Capital cut their price target on VirTra from $16.00 to $10.00 and set a “buy” rating on the stock in a research note on Tuesday, August 13th.

VirTra Trading Down 0.5 %

Shares of VirTra stock opened at $6.22 on Tuesday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.23 and a current ratio of 4.65. VirTra, Inc. has a 1 year low of $4.20 and a 1 year high of $17.68. The company’s fifty day moving average is $6.99 and its two-hundred day moving average is $9.38. The company has a market capitalization of $69.48 million, a P/E ratio of 10.37 and a beta of 0.63.

VirTra (NASDAQ:VTSI) last issued its quarterly earnings results on Monday, August 12th. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.01. The firm had revenue of $6.08 million during the quarter, compared to the consensus estimate of $8.27 million. VirTra had a return on equity of 15.95% and a net margin of 21.50%. Analysts forecast that VirTra, Inc. will post 0.34 earnings per share for the current year.

VirTra Company Profile

VirTra, Inc provides use of force training and firearms training simulators for the law enforcement, military, and commercial markets worldwide. Its patented technologies, software, and scenarios provide intense training for de-escalation, judgmental use-of-force, marksmanship, and related training that mimics real-world situations.